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Strategies & Market Trends : The coming US dollar crisis
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To: John Vosilla who wrote (2600)11/25/2007 5:52:10 AM
From: Real Man  Read Replies (1) of 71456
 
I'm not sure, for now we have to be concerned about flying
debris from possible housing-triggered detonation of the derivative
nuke. Long Yen seems natural in this environment, but then
again, I just went long physical PMs because you never know
if your financial institution will be one that survives the
blast. The risk will remain high since there is an ongoing huge
wave of mortgage resets. I'd compare this to a hydrogen bomb,
which has a small fission bomb (credit derivatives) inside.
That fission bomb has detonated.
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